Taiwan High Speed Rail Corp's (THSRC, 高鐵) shuttle transist system and reimbursement mechanism for delays were the top concerns in a Consumers' Foundation (消基會) survey published yesterday.
Almost a year after its launch on Jan. 5 last year, the poll found that 62 percent of 2,660 respondents said it was unreasonable for THSRC only to reimburse the full fare when delays were for more than an hour, or to only refund half the fare for delays between 30 minutes and an hour.
An official at THSRC disagreed.
"The railway's reimbursement system for delays is quite reasonable compared to that of overseas railway service providers. Japan, for example, only reimburses train delays of more than two hours. In France, passengers are only reimbursed half the fare for delays of more than an hour," vice president of THSRC's public affairs division Ted Chia (賈先德) said. "Nonetheless, THSRC will still take the foundation's suggestions into consideration."
Despite those complaints, a majority expressed satisfaction with the company's overall service.
The second biggest issue that THSRC needs to resolve, 55 percent of the respondents said, was its transfer services.
Chia said that local bus services do not fall under the company's jurisdiction.
"THSRC's main challenge is that the company does not have the right to operate local bus services. THSRC is currently, at its own cost, providing free shuttle buses at Taichung (
Chia urged the government to allow private companies to operate transportation services, such as nine-seater buses, between the railway stations and the city center.
Another 45 percent found it unreasonable that passengers were required to cancel their tickets at least half-an-hour before the scheduled departure time.
Chia said the rule aimed to protect other passengers' rights to secure tickets and seats. However, he said the company would take all its customers concerns into consideration.
THSRC operated a total of 24,400 trains last year, carrying approximately 15.55 million passengers. Its revenue, as of last November, had reached NT$12 billion (US$370 million) and the firm was expecting to break even this year, Chia said.
"In December, THSRC's total number of passengers exceeded 2 million, up 20.48 percent when compared with November's 1.66 million, and the firm expects to see a higher growth rate in the next two months as a result of the Lunar New Year holiday," Chia said.
For the Lunar New Year holiday, Chia said THSRC would start selling tickets online from midnight last night and was planning to operate 1,500 trains with nearly 1.48 million seats available between Feb. 1 and Feb. 12.
THSRC's other plans for this year include the launch of a telephone voicemail system during the first half to enhance the speed of its service. The company is also in talks with President Chain Store Corp (
Real estate agent and property developer JSL Construction & Development Co (愛山林) led the average compensation rankings among companies listed on the Taiwan Stock Exchange (TWSE) last year, while contract chipmaker Taiwan Semiconductor Manufacturing Co (TSMC, 台積電) finished 14th. JSL Construction paid its employees total average compensation of NT$4.78 million (US$159,701), down 13.5 percent from a year earlier, but still ahead of the most profitable listed tech giants, including TSMC, TWSE data showed. Last year, the average compensation (which includes salary, overtime, bonuses and allowances) paid by TSMC rose 21.6 percent to reach about NT$3.33 million, lifting its ranking by 10 notches
Popular vape brands such as Geek Bar might get more expensive in the US — if you can find them at all. Shipments of vapes from China to the US ground to a near halt last month from a year ago, official data showed, hit by US President Donald Trump’s tariffs and a crackdown on unauthorized e-cigarettes in the world’s biggest market for smoking alternatives. That includes Geek Bar, a brand of flavored vapes that is not authorized to sell in the US, but which had been widely available due to porous import controls. One retailer, who asked not to be named, because
SEASONAL WEAKNESS: The combined revenue of the top 10 foundries fell 5.4%, but rush orders and China’s subsidies partially offset slowing demand Taiwan Semiconductor Manufacturing Co (TSMC, 台積電) further solidified its dominance in the global wafer foundry business in the first quarter of this year, remaining far ahead of its closest rival, Samsung Electronics Co, TrendForce Corp (集邦科技) said yesterday. TSMC posted US$25.52 billion in sales in the January-to-March period, down 5 percent from the previous quarter, but its market share rose from 67.1 percent the previous quarter to 67.6 percent, TrendForce said in a report. While smartphone-related wafer shipments declined in the first quarter due to seasonal factors, solid demand for artificial intelligence (AI) and high-performance computing (HPC) devices and urgent TV-related orders
MINERAL DIPLOMACY: The Chinese commerce ministry said it approved applications for the export of rare earths in a move that could help ease US-China trade tensions Chinese Vice Premier He Lifeng (何立峰) is today to meet a US delegation for talks in the UK, Beijing announced on Saturday amid a fragile truce in the trade dispute between the two powers. He is to visit the UK from yesterday to Friday at the invitation of the British government, the Chinese Ministry of Foreign Affairs said in a statement. He and US representatives are to cochair the first meeting of the US-China economic and trade consultation mechanism, it said. US President Donald Trump on Friday announced that a new round of trade talks with China would start in London beginning today,